Mortgage Blog

February 8th, 2011 3:25 PM

Yesterday, a lender called me that they had to cancel
my loan because the selling agent was on a national
watch list.

As business courtesy, I should not give the lender's
contact info to the agent. And I was not allowed to do
so. But the agent promised me that he did not do anything
wrong in the past, and was upset that he was on the list.

So I gave him the contact info. The lender was a little bit
upset(because I gave out the numbers), but the good news
is that the person on the list was not the same person
as the selling agent.

And we can proceed with the transaction again today.

The problem is: did I do it right? Though I helped the
agent this time, it was not my best interest and
it was not right to give out the contact info.

Though it's unfair to those agents who were mistakenly
put on the list(especially with the same names), If this
happens again in the future, I may not be able to help
next time.

Otherwise, I may be kicked out by the lender.


Posted by Eric Fang on February 8th, 2011 3:25 PMPost a Comment (0)

Subscribe to this blog
Recent Posts:

Archive:

My Favorite Blogs:

Sites That Link to This Blog:


Golden Bridge Financials is an equal housing lender. CA Broker License 1366455; NMLS ID: 247601

2900 Gordon Ave Suite 100 Santa Clara, CA 95051
Phone: Cell: Fax:

Eric Fang Mortgage Blog

Copyright © 2012 Golden Bridge Financials Inc
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map